Intermittent view for 27th July #banknifty

Intermittent view for 27th July:-

The whole day the index remained range bound and hovered around 35000 levels.

If the index fails to sustains above 35k tomorrow, selling pressure might be seen which might drag the bank nifty to 34,700 to 34,350.

Weekly analysis was already posted over the weekend:-
#banknifty analysis for 26th to 30th July'2021


The rest of the view remains the same.

Regards,
SG.
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